Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.
GERMANY: Court approves Karstadt takeover plan
German department store chain Karstadt is finally under new ownership after an administrative court in Essen approved plans from Berggruen Holdings to take over the company in a move that protects more than 25,000 jobs.
US: Levi’s and H&M to ban sandblasting practices
Fashion giants Levi Strauss & Co and H&M have announced plans to implement a global ban on sandblasting in all of their future product lines.
BANGLADESH: US importers urge end to labour disputes
A group of US apparel and footwear makers and importers is urging the Bangladesh government to step in to resolve the on-going wage issue in the country’s ready-made garment industry, amid worries that the dispute may damage their reputations.
THE FLANARANT: Uncertainty the latest threat to Pakistan makers
Already hurt by a reputation for uncertainty, Pakistan’s apparel industry has been hit again by the fall-out from the recent floods. The solution, according to Mike Flanagan, is to keep buying from the country, and to make sure Western aid is used to build an infrastructure that works.
COMMENT: CIVETS loom into focus beyond the BRICs
Talk of emerging markets in recent years has been so dominated by the BRIC markets – an acronym first coined at the investment bank Goldman Sachs in 2001 – that the term’s constituents, Brazil, Russia, India and China, have left little room for discussion of other markets. Chris Brook-Carter reports on the next raft of emerging markets.
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